CoinDesk Indices presents its daily market update, highlighting the performance of leaders and laggards in the CoinDesk 20 Index. The CoinDesk 20 is currently trading at 2800.48, up 3.2% (+86.71) since 4 p.m. ET on Wednesday. All 20 assets are trading higher. Leaders: SUI (+8.2%) and AAVE (+5.9%). Laggards: ICP (+0.7%) and FIL (+1.4%). The … Read more
Dinari, a crypto startup focused on tokenizing real-world assets, has raised $12.7 million in a Series A funding round led by Hack VC and Blockchange Ventures, with backing from VanEck Ventures, F-Prime, and the Avalanche Fund, according to a Fortune report. The round brings the California-based firm’s total funding to $22.65 million, Fortune reports. Dinari … Read more
Bitcoin (BTC) mining companies with high-performance computing (HPC) exposure underperformed the world’s largest cryptocurrency for the third month in a row in April, Wall Street bank JPMorgan said in a research report on Thursday. Some bitcoin miners have pivoted into new business areas, such as offering HPC services to the fast growing artificial intelligence (AI) … Read more
Aztec, a layer-2 rollup focused on privacy, shared Thursday that its testnet has finally gone live. The announcement comes as a wave of new privacy-focused solutions begins to capture the interests of large institutions that need confidentiality with large transaction batches. The team behind Aztec said that they have been working on the product for … Read more
Kuwaiti authorities are cracking down on illegal crypto mining, with over 60 individuals now under investigation, as part of a sweeping campaign to root out unlicensed operations. The country’s Public Prosecution confirmed the investigations are ongoing and warned that more suspects could be identified in the coming weeks. The “security operation,” carried out last Friday, … Read more
Before Ethereum had a market cap, it was just an idea in a college dropout’s head. Crypto’s biggest companies aren’t being planned in boardrooms. They’re being built in dorm rooms, group chats, and hackathons by founders who don’t wait for permission (many of them don’t finish college at all). This is not a coincidence. It’s … Read more
Morgan Stanley (MS) is planning to bring cryptocurrency trading to its E*Trade platform, marking the most serious move yet by a major U.S. bank to offer retail users direct access to cryptocurrencies. The initiative, still in early stages, could debut next year. The bank, Bloomberg reports, is weighing partnerships with crypto-native firms to help build … Read more
By Francisco Rodrigues (All times ET unless indicated otherwise) The impact of President Donald Trump’s reciprocal tariffs is starting to be felt. The U.S. economy contracted for the first time in three years last quarter and stock prices have seen their worst first 100-day performance of a presidential administration since 1974. Results from trading platform … Read more
Swiss asset manager 21Shares has filed a S-1 registration form for a SUI exchange-traded fund (ETF) to the Securities and Exchange Commission (SEC). SUI is currently trading at $3.67, rising by 4% after the filing went live on the SEC’s website. “Since our earliest research into Sui, we believed it could become one of the … Read more
Tokyo-based Metaplanet is establishing a wholly owned subsidiary in Florida named Metaplanet Treasury Corp., doubling down on its bitcoin (BTC)-focused treasury strategy that has made it the largest public BTC holder in Asia. The new entity will be capitalized with up to $250 million and serve as Metaplanet’s dedicated U.S. vehicle for treasury operations. The … Read more
